Russell Roberts has devoted his entire career – spanning in excess of twenty four years – to gaining insight into the commercial real estate market. He has appraised nearly every conceivable commercial property type including industrial, retail, office, multifamily, land, special purpose properties, and more. He provides commercial appraisal services in Memphis, Tennessee, and holds the highest possible credentials for a commercial appraiser – the MAI designation, awarded by the Appraisal Institute.
Cell Phone: 601.842.5470
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For trends having the greatest impact on commercial real estate in Memphis, Tennessee, see the charts below. For specific sites, type an address or type a latitude/longitude combination using the Reverse Geocode function after clicking this link. Compare multiple sites by clicking here.
Residential Supply and Demand Trends
From 2003 through 2012, permits were issued for 33,912 housing units in Shelby County during which time the change in the number of households was 13,252. Thus, supply has been increasing relative to demand and, all other things being equal, should result in downward pressure on home prices in the county.
Memphis, Tennessee | Land Development Trends
The map below provides a snapshot of land developed in the Memphis area during the period between 2006 and 2011.